What’s Your Bright
Health & Wellness Idea?
Rite Aid and Edison Nation Medical have partnered
to bring your bright invention to life!
Do you have a product idea or invention that has the potential to improve the lives of Rite Aid customers? Do you want to see your idea sold on the shelves of every Rite Aid store?
Through Edison Nation Medical’s confidential and secure online platform, you can submit your product invention idea and Rite Aid and Edison Nation Medical will work together to evaluate it for health and wellness innovation, intellectual property (i.e. any existing patents or trademarks), and sales potential. Our end goal is to commercialize every great invention and to sell the new products through all Rite Aid stores.
In the end, Rite Aid customers will win by having new innovative products that improve their lives, but equally importantly,YOU also win, since every successful inventor receives an advance of $2500 and 50% of licensing royalties.
It’s simple to get started:
- Submit your invention idea below
- Watch your invention make its way through the 8-stage evaluation process
- If your invention is selected for commercializing, you’ll share in the reward
- No idea yet? Simply sign up to the right and you’ll be ready the moment inspiration strikes
Edison Nation Medical is for anyone who has a product idea or invention — big or small — that can improve healthcare. Your idea can be a “back-of-the-envelope sketch” all the way to a fully developed and prototyped invention and whether you work in our stores, distribution centers, or field and corporate support centers, we want to hear your idea!
Together we can improve the lives of people nationwide, one invention at a time.
SUBMISSION DEADLINE: MARCH 31, 2015
Submit an Invention
ANSWERS TO FREQUENTLY ASKED QUESTIONSFor answers to many other frequently asked questions, please click here for our complete FAQ
Q: What will I gain by submitting my idea to the Rite Aid Innovation Challenge?
Rite Aid’s 90,000 employees serve the health and wellness needs of tens of millions of customers in more than 4,600 stores in 31 states and the District of Columbia. As such, Rite Aid is optimally positioned to have a massive impact on healthcare by commercializing new innovative products. Rite Aid has selected Edison Nation Medical to help in this effort given our long history of bringing disruptive invention ideas to life. Our team has deep medical, intellectual property and market commercialization expertise and we carefully review every idea submitted to us to determine its commercial viability. By submitting your idea to the Rite Aid Innovation Challenge, your bright idea has the opportunity to be brought to life and impact the lives of patients around the world.
Q: How much does it cost to submit an idea to Edison Nation Medical?
Creating an account with Edison Nation Medical is free and each Inventor pays only $25 to submit his or her idea for evaluation (this is all an Inventor will ever need to pay us!) If we agree your idea has strong market potential, Edison Nation Medical or Rite Aid will invest 100% of any additional resources necessary to develop, prototype, patent, and conduct any legal negotiations necessary to bring your idea to life. As the Inventor, you will never be asked to pay for any of these services.
Q: Do Rite Aid or Edison Nation Medical own my idea after I submit it?
No, you will always be credited as the inventor of your idea in all legal documents and in any marketing. Our requirements for assigning the intellectual property of your idea to Edison Nation Medical vary depending on whether you are an individual inventor, a technology transfer office, or a small business. To learn more about these requirements, please visit our FAQs on this topic.
Q: I have an idea but it’s not related to health or wellness. Should I still submit it?
Absolutely! Rite Aid is interested in hearing any and all innovation ideas that will benefit their consumers. Our sister company, Edison Nation, has been successfully commercializing non-healthcare product innovations for almost 10 years and so their team is ready to step in and help evaluate and potentially commercialize any non-healthcare product submissions received through the Rite Aid Innovation Challenge. In those situations, we will follow up with you directly regarding next steps, as the processes may differ slightly.
Q: Are there any submission requirements?
Ideas ranging from back-of-the-envelope sketches to fully patented and prototyped products are welcome. You will be kept apprised of the status of your idea through the entire process and will share in the financial rewards if your idea is selected.
Edison Nation Medical will share all licensing royalties and revenues with successful inventor(s). Please refer to the Edison Nation Medical Inventor Agreement for full details.
Q: How many winners will Rite Aid and Edison Nation Medical select?
This is not a contest and there are no “winners”; rather, the end goal of the Rite Aid Innovation Challenge is for Rite Aid to commercialize each qualified invention on behalf of the entrant and sell the selected product(s) to its consumers via its website and on the shelves of Rite Aid stores nationwide.
Q: Is there a limit to the number of ideas I can submit?
No, there is no limit. You may submit as many ideas as you’d like. Likewise, there is no limit to the number of ideas Rite Aid may choose to pursue for licensing and development. If you submit ten ideas and we agree that all ten are brilliant, we will work diligently to successfully commercialize all of them.
Стратмор покачал головой: - Это шифр совершенно иного рода. - Иного рода? - Сьюзан смотрела на него вопрошающе. Невзламываемый шифр - математическая бессмыслица. Он это отлично знает. Стратмор провел рукой по вспотевшему лбу.